YEARLY HIGH
499.6377 MGA
YEARLY LOW
428.8140 MGA
YEARLY AVERAGE
462.2007 MGA

2017 CNY to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the CNY to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 499.6377. Conversely, the yearly low was recorded on July 6, dropping to 428.8140.

This high-to-low spread represents a total annual volatility of 70.8237 MGA. From a start-to-finish perspective, comparing the January average rate of 475.7302 to the December average rate of 489.4461, the exchange rate registered a net change of 2.88% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 499.6377 was up 0.09% compared to the 2016 peak of 499.1692, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 CNY based on timing:

Yearly Peak High 12,490,941 MGA
2016 Average 11,961,887 MGA
Yearly Trough Low 10,720,349 MGA
Transaction Impact: A difference of 1,770,592.53 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

494.6934
431.7262
JanuMarcMayJulySeptNove

CNY to MGA Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 462.6752, compared to 461.7262 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.9490 points.

H1 Avg (Jan–Jun) 462.6752
H2 Avg (Jul–Dec) 461.7262

Volatility Range Comparison

Volatility

The most volatile month in 2017 was March, with a trading range of 31.7810 MGA (High: 477.6575 / Low: 445.8765). On the other end, September was the most stable month, with a tight range of 7.9114 MGA (High: 458.9458 / Low: 451.0345).

March Spread (Volatile) ±31.7810
September Spread (Stable) ±7.9114

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 23.0864 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -23.0864

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 489.4461) against the same month in 2016 (average: 481.5346), the exchange rate shifted by +7.9116 (+1.64%).

2017 Avg (December) 489.4461
2016 Avg (December) 481.5346

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 486.4258 462.9418 475.7302
February 469.1436 446.2953 458.5562
March 477.6575 445.8765 462.3167
April 476.3686 458.8287 464.8084
May 463.5393 444.9173 454.5798
June 474.1884 445.4978 460.0599
July 452.5883 428.8140 436.9735
August 452.1918 433.7777 444.5056
September 458.9458 451.0345 454.9943
October 475.0182 455.3373 464.4289
November 487.6436 474.6106 480.0088
December 499.6377 479.7479 489.4461